FASA to Conduct Industry Survey

FASA has, for the past few years, together with sponsor Sanlam, conducted two surveys annually – one by interviewing Franchisors on their contribution to the industry as a whole, the other interviewing Franchisees to find out their satisfaction levels within the industry. These surveys allow us to quantify the sector in terms of its size … Read more

Code of Ethics & Business Practices for the Franchise Sector

The Franchise Association of South Africa has spent the last couple of years working with government to have its Code of Ethics & Business Practices accepted for the industry.  Since the Code was gazetted in 2017 it has gone through several revisions and simplifications. Franchisors and stakeholders in the franchise sector are asked to peruse … Read more

Africa’s Youth Are The Future Of The Continent

Africa has the largest ‘youth bulge’ in the world and the future of Africa lies with these young, dynamic and determined youth. That’s according to a trend report in Biz-Community (www.bizcommunity.com) from Nicola Cooper, senior trend analyst and cultural strategist at Nicola Cooper & Associates (NC&A). With the ‘Black Middle Class’ growing at a rate … Read more

Inspiring Advice From Young South African Entrepreneurs

Miway, which believes in nurturing entrepreneurship and out-of-the box thinking is honouring young go-getters who are achieving great things. If there’s one thing these young go-getters have in common, it’s a determination to succeed. Here are 4 tips to inspire entrepreneurs, no matter what your age:   “Dare to be who you truly are.” – … Read more

Youth Entrepreneurship Can Solve Job Crisis, But Only If All Participate

The unemployment crisis among the youth, not only in South Africa but globally, is so dire that entrepreneurship must play a central role in solving it, but it will require the participation of the whole of society to make it work.  This is according to David Morobe, regional manager of FASA member Business Partners Limited … Read more

Conflict Resolution Tips: How to Handle Objections and Criticism

FASA member Penquin, a service provider that provides strategic and creative insights and services has some key points when handling conflicts in the workplace.   Nobody agrees with everybody 100% of the time and conflict is an inevitable part of our daily lives – that’s what makes the world such a diverse and interesting place. … Read more

How Technology is Transforming the Way We Shop

New research by Broll entitled From E- to M- to A Commerce: The Impact of Technology on the Retail Industry a new trend called a-commerce – also known as augmented commerce – is starting to take shape to complement the e-commerce (online) and m-commerce (mobile device) shopping trends.   Augmented commerce (a-commerce) relates to retail … Read more

Franchise Expo put the Spotlight on Entrepreneurship

Whether you simply wanted to be educated on the ins and outs of franchising or wanted to see the latest in franchise business opportunities, FASA’s International Franchise Expo had something for everyone. International brands were represented by the likes of Papa Joe’s and Jani King – big US brands – and Japanese brand Miniso whose … Read more

Training Courses in Franchising

Franchise training specialists offer franchise, management and operational courses to franchised businesses and others wanting to improve their productivity.  The following courses are on offer in the month of July from Franchize Directions and Franchising Plus:     FRANCHIZE DIRECTIONS Franchize Management Programme – A Foundation Course in Franchising 9th July  – Introduction to Franchising … Read more

Sound Advice from Business Partners on Getting Finance

Darryl Rose of Business Partners took an in-depth look at what funders and financiers look for in prospective investors wanting finance and had this advice: General Considerations when applying for finance: It’s the substance that matters, not ultimately the presentation. Target a financier/investor to match your funding need. Know your market The team – make … Read more